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Shinhan Golden Faith Int'l Development Buys Malibu Golf Club

Court Appointed Servicer Sells Course for $30.5M
By Jenny Zhan
September 21, 2016 | 4:36 P.M.

Shinhan Golden Faith International Development LP, a Hong Kong-based investment company, acquired the 650-acre Malibu Golf Club at 901 Encinal Canyon Rd. in Malibu, CA from court-appointed receiver Trigild Management Services, Inc. for $30.5 million.

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